Funding you earn now, next payment 01:00 UTC−0.0238%/8h= −26.1% APRpaid last 24h −0.018%
Price spread now: Kraken Futures against edgeX−0.083%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1011.009% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 3 days (all we have)+0.547%+$55 · spread now −0.083%, 7d avg +0.067%
=Together, before fees+0.354%+ Points / potential airdropedgeX: Active · farm board+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Kraken Futures is 0.150% cheaper against edgeX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.067%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ARBUSDC | 0.2257 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $41K | $464K | 20x |
| Short | Kraken Futures PF_ARBUSD | 0.2255 | −0.0138 | pay 0.0017% / 1h | 1m 40s | $1.1M | $5.0M | 50x |
edgeX ARBUSDC
Kraken Futures PF_ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$49.97
- Price spread: −0.083% → +0.067%
- −$14.98
- Slippage, 4 orders
- −$81.92
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$165.87
- Costs to cover
- 1.009%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 7 min ago; Kraken Futures: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 7 min ago | 15.45 bp | 23.2 bp −$23 | 95.8 bp −$958 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 18.99 bp | 27.7 bp −$28 | 35.6 bp −$356 | doesn't fit | doesn't fit |
ARB on 36 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1666% | 1h | 0.2238 | −0.831% | $40K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0197% | 8h | 0.2259 | +0.114% | $2.0M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0160% | 1h | 0.2248 | −0.366% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSDshort | −0.0138% | 1h | 0.2255 | −0.083% | $1.1M | $5.0M | 50x | |
| Bybit ARBUSDT | −0.0121% | 8h | 0.2247 | −0.428% | $58.4M | $127.2M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0108% | 8h | 0.2249 | −0.348% | $23.0M | $156.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0107% | 8h | 0.2250 | −0.299% | $38.9M | $59.7M | 200x | as long as short |
| SoDEX ARB-USD | −0.0103% | 1h | 0.2254 | −0.131% | $10K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0053% | 8h | 0.2256 | −0.033% | $13K | $388K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2253 | −0.183% | $67K | $4K | 10x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
01 Exchange ARBUSD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Orderly PERP_ARB_USDC
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2255 | −0.082% | $25K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2256 | −0.012% | $10K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0013% | 8h | 0.2247 | −0.430% | $66.4M | $311.9M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2248 | −0.378% | $358K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0064% | 8h | 0.2257 | −0.002% | $3.2M | $2.9M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2255 | −0.076% | $143K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2253 | −0.157% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2255 | −0.060% | $40.9M | $47.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2255 | −0.066% | $703K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2253 | −0.162% | $45K | $183K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2248 | −0.366% | $5.5M | $20.1M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2253 | −0.184% | $19.6M | $15.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2248 | −0.388% | $21.5M | $35.9M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2248 | −0.410% | — | $6.5M | — | as long as short |
| edgeX ARBUSDClong | +0.0100% | 4h | 0.2257 | long leg | $41K | $464K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2256 | −0.020% | $486K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2258 | +0.055% | $122K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2257 | +0.015% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2256 | −0.033% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2256 | −0.047% | $295K | $980K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2255 | −0.078% | $5.2M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2257 | +0.011% | $507K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0278% / S −0.0162% | 1h | 0.2257 | −0.002% | $856K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2256 | −0.034% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2250 | −0.290% | $511K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0584% | 1h | 0.2256 | −0.011% | $1.0M | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP